The Zimbabwe Electricity Transmission and Distribution Company has today increased electricity tariffs by 50%.
This is in accordance with the tariff award of 2 October, which approved the implementation of monthly power tariff increases.
This followed another increase last month, which came after it had already raised tariffs by 50% on September, 23 2020 to bring its rates in line with inflation running above 700%.
These increases would have hit residents heavily, whose salaries have lagged inflation, while businesses could pass on the cost to consumers.
Speaking at that time, the Zimbabwe Energy Regulatory Authority (ZERA) said in a letter to ZETDC that the government had okayed the “outstanding tariff adjustments.”
ZERA chief executive Edington Mazambani confirmed the increases.
Last year in October, the power company hiked the average electricity tariff by 320% in a bid to ramp up production and improve supplies.
Zimbabwe has managed to keep the lights on since March after businesses were either shut or cut production after a government imposed lockdown to curb the COVID-19 pandemic.
Below are the new charges:
Kaizer Chiefs coach Cedric Kaze has urged patience and composure after the club’s poor run… Read More
Kaizer Chiefs have suffered a major setback with two experienced players injured. Both Brandon Petersen… Read More
Premier Soccer League giants Kaizer Chiefs have reportedly set their sights on Nigeria international goalkeeper… Read More
Kaizer Chiefs’ preparations for the Soweto Derby were severely disrupted before kick-off, a reality that… Read More
Kaizer Chiefs registered a second successive victory in the CAF Confederation Cup group stages after… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through … Read More